Abbott to Split Into Two Firms Focusing on Drug Areas

743 views · Published 19 October 2011 · 1:49 · Indexed 25 September 2026

Channel: Bloomberg Originals · 2011 · Entertainment

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Oct. 19 (Bloomberg) -- Abbott Laboratories, the maker of infant formula, heart stents and prescription drugs, will split into two companies, with one selling generic drugs and medical devices and the other research-based medicines. Shannon Pettypiece reports on Bloomberg Television's "In the Loop." (Source: Bloomberg)

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